THE IMPLICATIONS OF SAVING AND INVESTMENT BALANCE ON ECONOMIC GROWTH OF THE REPUBLIC OF MOLDOVA

Rodica  PERCIUN; Tatiana  PETROVA; Corina  GRIBINCEA

doi:10.1515/eoik-2017-0025

Authors

Rodica PERCIUN Associate Professor, National Institute for Economic Research of ASM, Republic of Moldova
Tatiana PETROVA Scientific Researcher, National Institute for Economic Research of ASM, Republic of Moldova
Corina GRIBINCEA Scientific Researcher, National Institute for Economic Research of ASM, Republic of Moldova

DOI:

https://doi.org/10.1515/eoik-2017-0025

Keywords:

savings, investments, economic growth, financial stability, capital outflow

Abstract

The saving and investment balance can ensure the stability of the financial market. The aim of the study is to analyse the dynamics of the saving-investment balance in the Republic of Moldova and its impact on economic growth. The role and possibilities of attracting foreign investments into fixed assets are presented. The indicator of investment growth with a low level of gross savings is a signal or a harbinger of a decline in economic growth. According to the National Bank of Moldova, legal export of capital from the Republic of Moldova takes only a small part in the process of export of capital. The leading role in the mechanism of transformation of savings into investment should belong to BNM.

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